APOLLO HOSPITALS NET UP BY 14% IN Q3
Article Abstract:
Apollo Hospitals Enterprises Ltd of Chennai has increased its net profit by 14 percent to Rs2.75 crore in the third quarter ended December 31, 1998 against Rs2.41 crore in the third quarter ended December 31, 1997. Its turnover has improved by 6.49 percent to Rs26.39 crore from Rs24.78 crore while gross profit rose to Rs4.89 crore from Rs3.38 crore. Its depreciation charges were Rs1.46 crore, interest cost Rs3.62 crore and taxation was Rs68 lakh. The company registered a net profit of Rs7.42 crore on a total income of Rs76.41 crore in the nine months ended December 31, 1998 compared to a net profit of Rs6.75 crore on an income of Rs67.52 crore in the nine months ended December 31, 1997. (khr)
Comment:
Apollo Hospitals Enterprises Ltd of Chennai has increased its net profit by 14 percent to Rs2.75 crore in the third quarter ended December 31, 1998 against Rs2.41 crore in the third quarter ended December 31, 1997.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
APOLLO HOSPITALS SEES 26% FALL IN NET
Article Abstract:
Apollo Hospitals Enterprises Ltd has posted a 26 percent drop in its net profit to Rs8.56 crore in 1997-98 (Rs11.59 crore in 1996- 97). Its turnover was Rs89.78 crore (Rs76.96 crore). It has recommended a dividend of 25 percent for the year. Interest cost increased by Rs3.65 crore to Rs13.11 crore in 1997-98. Gross profit after interest but before depreciation and taxation was Rs13.81 crore (Rs16.17 crore). The company has added 100 speciality beds at its cancer treatment facility in Chennai and 120 beds at its super-speciality facility in Madurai during 1997- 98 at an outlay of Rs7 crore. (gs)
Comment:
Posts 26% drop in net profit to Rs8.56 crore in 1997-98, as against Rs11.59 crore in 1996- 97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
DECCAN HOSPITALS MAY WIPE OUT LOSSES BY MARCH
Article Abstract:
Deccan Hospital Corporation Ltd of Hyderabad, a part of the Apollo group of hospitals, is likely to wipe out its accumulated losses of Rs3.51 crore by March 1999. It has benefited by a 25 percent increase in occupancy rate and is planning to undertake a capacity addition from 350 beds to 450 beds. The hospital is currently operating at 80 percent occupancy levels. (khr)
Comment:
Deccan Hospital Corporation Ltd of Hyderabad, a part of the Apollo group of hospitals, is likely to wipe out its accumulated losses of Rs3.51 crore by March 1999.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: BFL NET JUMPS 122% IN Q3. KIRLOSKAR AAF NCD
- Abstracts: INDO-RAMA LOOKING FOR NEW SITES TO SET UP PTA PLANT. INDO RAMA PLANS TO SET UP Rs150-CR CEMENT PLANT
- Abstracts: TVS-SUZUKI BUCKS TREND, SALES CROSS Rs1,000 CR HERO HONDA TO CUT PRICES IN OVERSEAS MARKET. HONDA TO SELL OFF KINETIC JV STAKE